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Oct 28 - 01:55 AM

AUD/USD - Holds Ground Despite Rising Risk Aversion

By Krishna K  —  Oct 27 - 11:55 PM
  • AUD/USD up 0.1% in risk averse Asia, resilient despite increasing risks

  • Risk mood glum as virus cases surge; France mulls lockdown nL1N2HI322

  • Dwindling hopes for U.S. aid package, U.S election uncertainty weigh on risk

  • ASX 200 bucks trend in Asia, rallies 0.4% on entrenched RBA easing hopes

  • POLL-Australia economy out of recession, but recovery path bumpynL4N2HE2LS

  • Australian inflation stays muted amid COVID-induced noise nL4N2HI5UL

  • Resistance 0.7150-60, break opens 0.7190-95, support 0.7100-05, 0.7080-85

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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